Sterling advances on optimistic GDP forecast

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/FP
The British Pound was higher by 0.4% to $1.5329 and 0.2% to 85.06 against Euro by the midday trading session in Tokyo on Thursday. The Sterling gained, as analysts said that the domestic economy will expand by 0.1% in the first quarter, following a -0.3% decrease in the preceding period. Such estimation eases expectations of additional monetary easing measures. 
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Thu, 25 Apr 2013 05:21:03 GMT

Canadian Dollar depreciates amid speculation on economic slowdown

The Canadian Dollar was slightly changed at 1.0256 per U.S. Dollar in the end of Toronto trading session on Wednesday. The currency slipped against the major counterparts, as the U.S. durable-goods orders dropped more than forecast. Investors speculate that slowdown in the U.S., the biggest Canada's trading partner, will undermine Canadian exports.

Wed, 24 Apr 2013 09:55:03 GMT

Corn plummets to ten-month low on good weather forecast

Corn futures for July settlement were lower by 0.2% to $6.125 per one bushel on the Chicago Board of Trade in Singapore trading session on Wednesday. The price slipped to the lowest level since 26th of June or a ten-month low, as investors speculated that some parts of the U.S. might be dry and warm making weather conditions suitable to accelerate planting.

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